The Mozilla Foundation has published its audited financial statements and tax form for 2007. Chairperson Mitchell Baker uses the event to review Mozilla's performance and despite the current financial turmoil, sees good prospects for the future.

The Foundation is sole owner of the Mozilla Corporation, which is responsible for the operative side of the business. The financial statements and tax form are available to download in PDF format.

Combined revenues of both Foundation and Corporation for 2007 were $75 million, a rise of 12% compared to $67 million in 2006. The vast majority of this revenue is a result of Mozilla's association with search engine giant Google. In the long run, Baker is confident Mozilla will weather the financial storm, as expressed in the title of her blog: "Sustainability in Uncertain Times."

Future goals for the browser developer have been laid out in the Mozilla Manifesto, writes Baker. Among the concrete plans are a China campaign and the founding of a Chinese subsidiary company. The open source browser has proved to be extremely popular in non English speaking regions. In Indonesia, 50% use Firefox. In Slovenia, Poland and Finland, the quota is more than 40%. Mozilla aims to boost this trend by strengthening its support of local developers and translators.

Work on the mail client Thunderbird and other relating software was outsourced to the newly created Mozilla Messaging in July 2008. The development section, Mozilla Labs, will continue to strive for innovations, including work in the mobile browser sector.Baker concludes her report in a motivating tone: "Mozilla is strong. We're growing. We're trying new things. [...] Mozilla has, and can continue to empower each one of us to build the Internet into a better place."

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